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(New York, NY - January 3, 2002) - INT Media Group, Incorporated (Nasdaq:INTM) today announced the launch of (, a Web site devoted to in-depth coverage of the grid computing industry. The company also announced the launch of its Grid Computing Planet Spring 2002 Conference & Expo slated for June 17-18 at the DoubleTree Hotel in San Jose, California.

"Grid computing is a method of harnessing the power of many computers in a network to solve problems requiring a large number of processing cycles and involving huge amounts of data. Rather than using a network of computers simply to communicate and transfer data, grid computing taps the unused processor cycles of numerous -- sometimes thousands of -- computers," stated Alan M. Meckler, Chairman and CEO of INT Media Group. "Grid Computing Planet will become the gateway to grid computing and help solve problems that are beyond the processing limits of individual computers, as well as being a resource center for the technical community, online and offline." is under the editorial direction of Chris Nerney, Executive Editor of's IT Management Channel. Nerney previously was Executive Editor of's Internet Investing Channel and was a Senior Editor at IDG's Network World, where he created the popular "Net Buzz" column and covered Java, network security and venture capital.

About ( was created to serve the emerging grid computing business and technology community. offers weekly features, news and opinions, a discussion list, and a free e-mail newsletter. offers solutions to those problems and projects - primarily complex business, technical and scientific in nature - that involve the analysis of inordinate amounts of data and are beyond the processing limits of individual computers.

Grid Computing Planet Spring 2002 Conference & Expo
To learn more about this event, go to For additional information and registration procedures call Allison Alessio, Registration Manager, at (203) 662-2857 or [email protected].
For sponsorship and exhibition information, contact Merle McIntosh, Account Executive, at (203) 662-2880 or [email protected].

About INT Media Group

INT Media Group (Nasdaq: INTM), headquartered in Darien, CT, is a leading provider of global real-time news, information and media resources for Internet industry and information technology professionals, Web developers and experienced Internet users. INT Media Group includes the and EarthWeb Network of 160 Web sites and nearly 225 e-mail newsletters that generate 225 million page views monthly. INT Media Group events include nearly 40 offline and Intermedia Group seminars on Internet and IT-specific topics that are aligned with our Network of Web sites and e-mail newsletters. In addition, INT Media Group's CyberAtlas Research Division that publishes research reports analyzing the Internet and information technologies sectors worldwide.

"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: Statements in this press release which are not historical facts are "forward-looking statements" that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. The potential risks and uncertainties address a variety of subjects including, for example, the competitive environment in which INT Media competes; the unpredictability of INT Media Group's future revenues (including those resulting from online advertising on INT Media Group's Network of Web sites and related Internet media properties), expenses, cash flows and stock price; INT Media Group's investments in international and venture fund investments; any material change in INT Media Group's intellectual property rights and continued growth and acceptance of the Internet and information technology. For a more detailed discussion of such risks and uncertainties, refer to INT Media Group's reports filed with the Securities and Exchange Commission pursuant to the Securities Act of 1933 and the Securities Exchange Act of 1934. The forward-looking statements included herein are made as of the date of this press release, and INT Media Group assumes no obligation to update the forward-looking statements after the date hereof.

For more information contact:
Mary Ann Boland
Marketing and Public Relations Associate
[email protected]

All current INT Media Group, Inc. press releases can be found on the World Wide Web at

INT Media Group, Inc., 23 Old Kings Highway South, Darien, CT 06820; (203)662-2800; fax: (203) 655-4686; [email protected]